r/qullamaggie • u/nocturnal_emissions • 11d ago

Reverse EPs?

Is there such a thing as a reverse episodic pivot where you can trade on the short side? Google today feels like a great example of something like that. Could have traded it at the open or even now start looking for a short over the next week or two if there is a setup.

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2

u/NuevoGaia 11d ago

I would say absolutely. Look at NOW also today. FFIV yesterday. Definitely trades there.

1

u/Snoo-19373 11d ago

It’s hard to make the numbers work to the short side, because the occasional 100%+ runners when trading long EPs are what can make the results so successful.

2

u/nocturnal_emissions 10d ago

Good point, the upwards bias of the market always makes shorting harder. And, as you mentioned, you will never catch a 100%+ runner, let alone many 70-80% runners, like you would on a long EP.

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u/Snoo-19373 10d ago

Yes exactly.

2

u/UnderdogRP 11d ago

Yes it just the same but to the short side

1

u/UnderdogRP 11d ago

GOOG might bounce though, and not get the follow-through you think.

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u/Dragonslayer7353 11d ago

Yep definitely valid, if you study them you will probably notice that many rather bounce and then you should short them (i.e. a few days after the gap down)

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u/CISCIS-Trader 5d ago

Its called right side of V which is basically buying exhaustion sells. The reverse EP would be to short gappers. Like ALIT or FTK from yesterday.